Official Student Debt Cancellation Watch Thread

dtownreppin214

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Shags & Leathers
Good catch...

Not quite sure though.

That means testing is about to steal defeat from the jaws of victory :bryan:

Maybe $2500 per year that you were awarded the pell grant

Up to seems to mean if you have a pell grant and a balance of 22k you will get 20k forgiven. If the debt is 15k then 15k will be forgiven.

Non pell grant if the debt is 12k then 10k is forgiven. Debt is 8k then 8k is forgiven. Etc.

Hopefully. :yeshrug:
@Typical Knicks Fan is correct.


What does the “up to” in “up to $20,000” or “up to $10,000” mean?

  • Your relief is capped at the amount of your outstanding debt.
  • For example: If you are eligible for $20,000 in debt relief, but have a balance of $15,000 remaining, you will only receive $15,000 in relief.
 

kdslittlebro

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FAH1223

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Yea, I'm trying to figure this out too b/c I graduated with my bachelors debt free b/c pell covered almost everything. Grad school is where all my debt came from.
I’m in the same boat. I believe we can get the $20k

My brother has $20k left so he just called me happy as hell :salute:
 

Serious

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